Entries in stockholders (1)


Facebook Shares Take Another Hit

It seems like a team of high-tech spies are sabotaging the market system to purposely collapse the arm of an evil conglomerate that is Facebook. LOL, you've gotta read the second and third book in the Kill Factor series to get what I'm saying here. (The third book is due out in November.) It's just that the stock has been tanking so hard since the IPO that one would think it were set up to fail following the major money grab by those who held the purse strings to begin with, leaving the suckers hard-working investors holding the bag (which is pretty much empty now). 

The price of Facebook shares hit a new low today, thanks to the fact that certain lockup agreement rules expired which restricted early stockholders from jettisoning said shares (which totaled around 271 million additional shares). And about 2 billion shares are yet to hit the market, thanks to another lockup agreement that is set to expire next May. Yeah, look for this thing to tank, hard! You'd think Doc and Augggie from my series were holed up in a high-rise office in Beijing rubbing their eyes while gazing up at a bright array of monitors detailing the action they manipulated.

Read Death Strike in November and join the fun!

- R. Vallon